Renault SA (RNO) Receives €92.83 Consensus Target Price from Analysts
Shares of Renault SA (EPA:RNO) have received an average recommendation of “Hold” from the eighteen ratings firms that are presently covering the company, MarketBeat Ratings reports. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have issued a buy rating on the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is €92.89 ($109.28).
Several equities research analysts have weighed in on RNO shares. UBS AG set a €110.00 ($129.41) price target on Renault SA and gave the stock a “buy” rating in a report on Friday, July 28th. Deutsche Bank AG reiterated a “buy” rating on shares of Renault SA in a research report on Tuesday, July 11th. Citigroup Inc. set a €99.00 ($116.47) price objective on Renault SA and gave the company a “buy” rating in a research report on Wednesday, August 9th. Finally, Kepler Capital Markets set a €120.00 ($141.18) price target on Renault SA and gave the stock a “buy” rating in a research note on Tuesday, September 19th.
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Renault SA Company Profile
Renault SA is a France based company primarily engaged in the manufacture of automobiles and the provision of related services. It is structured into two segments: the Automobile division, which handles the design, manufacture and marketing of passenger cars and light commercial vehicles, under Renault, Renault Samsung Motors and Dacia brands, and the Sales Financing division, which provides financial and commercial services related to the sales activities, and is comprised of RCI Banque and its subsidiaries.
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